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Last $82.86 USD
Change Today +0.19 / 0.23%
Volume 336.0K
DRC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

dresser-rand group inc (DRC) Snapshot

Open
$82.65
Previous Close
$82.67
Day High
$82.96
Day Low
$82.64
52 Week High
04/23/15 - $83.08
52 Week Low
08/5/14 - $56.79
Market Cap
6.4B
Average Volume 10 Days
644.2K
EPS TTM
$1.98
Shares Outstanding
76.8M
EX-Date
--
P/E TM
41.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for DRESSER-RAND GROUP INC (DRC)

dresser-rand group inc (DRC) Related Businessweek News

No Related Businessweek News Found

dresser-rand group inc (DRC) Details

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. It operates in two segments: New Units, and Aftermarket Parts and Services. The New Units segment provides engineering, manufacturing, project management, packaging, testing, sales, and administrative support services for centrifugal and reciprocating compression equipment and steam turbines; power turbines; special-purpose gas turbines; power recovery expanders; diesel, gas, and dual fuel engines; trip, trip throttle, and non-return valves; and magnetic bearings and control systems. The Aftermarket Parts and Services segment offers engineering, manufacturing, project management, installation, commissioning, start-up and other field, repair, overhaul, refurbishment, sales, and administrative support services for replacement parts, field service turnaround, service and repair, operation and maintenance contracts, rotor/spare parts storage, condition monitoring, controls retrofit, site/reliability audits, remote area energy solutions, equipment repair and rerates, equipment installation, applied technology, long-term service agreements, special coatings/welding, product training, turnkey installation/project management, and energy asset management services. The company markets its products and services through its sales representatives comprising direct sales/service personnel and a network of independent representatives and distributors. Dresser-Rand Group Inc. was founded in 2004 and is headquartered in Houston, Texas.

7,900 Employees
Last Reported Date: 02/27/15
Founded in 2004

dresser-rand group inc (DRC) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $940.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $432.0K
Executive Vice President of Global Operations
Total Annual Compensation: $425.1K
Vice President, General Counsel and Secretary
Total Annual Compensation: $435.5K
Executive Vice President of Global Solutions
Total Annual Compensation: $383.6K
Compensation as of Fiscal Year 2014.

dresser-rand group inc (DRC) Key Developments

Dresser-Rand Cuts About 650 Jobs

Dresser-Rand is currently cutting about 650 jobs during the ongoing oil slump.

Dresser-Rand Group Inc. Plans to Cut 650 Jobs

Dresser-Rand Group Inc. will cut 8% of its global workforce, or almost 650 jobs, as the energy sector continues to struggle. Dresser-Rand, which is being acquired by German industrial giant Siemens AG for $7.6 billion, will begin its workforce reduction plan within the next several weeks. The oilfield equipment company noted that the cutbacks are in response to the ongoing market conditions and not in anticipation of the Siemens merger.

Dresser-Rand Group Inc. Provides Earnings Guidance for the Full Year of 2015

Dresser-Rand Group Inc. provided earnings guidance for the full year of 2015. The company increased operating income is expected in 2015 on stable year-over-year revenues.

 

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Industry Analysis

DRC

Industry Average

Valuation DRC Industry Range
Price/Earnings 52.1x
Price/Sales 2.3x
Price/Book 4.9x
Price/Cash Flow 51.9x
TEV/Sales 1.8x
 | 

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